Krispy Kreme (NASDAQ: DNUT) executive surrenders 667 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krispy Kreme, Inc. executive Lori M. Suess reported a routine tax-related share disposition. She surrendered 667 shares of common stock at $3.64 per share to cover withholding taxes on the vesting of restricted stock units, rather than selling shares on the open market.
After this transaction, the filing shows 110,943 shares reflected as owned following the event, with a footnote noting 7,983 shares held directly and 102,960 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Suess Lori M.
Role
Head of People and Culture
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 667 | $3.64 | $2K |
Holdings After Transaction:
Common Stock — 110,943 shares (Direct, null)
Footnotes (1)
- Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs"). Direct: 7,983; unvested RSUs: 102,960.
Key Figures
Shares surrendered for taxes: 667 shares
Implied value per share: $3.64 per share
Shares after transaction: 110,943 shares
+3 more
6 metrics
Shares surrendered for taxes
667 shares
Tax withholding on RSU vesting
Implied value per share
<money>$3.64</money> per share
Value used for tax-withholding disposition
Shares after transaction
110,943 shares
Total shares reflected as owned following transaction
Directly held shares
7,983 shares
Footnote: direct ownership
Unvested RSUs
102,960 RSUs
Footnote: unvested restricted stock units
Tax-withholding transactions
1 transaction, 667 shares
Form 4 transaction summary
Key Terms
restricted stock units ("RSUs"), tax withholding, unvested RSUs, Common Stock, +1 more
5 terms
restricted stock units ("RSUs") financial
"shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding financial
"shares surrendered to cover tax withholding for the vesting of restricted stock units"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
unvested RSUs financial
"Direct: 7,983; unvested RSUs: 102,960."
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Lori M. Suess report in the Krispy Kreme (DNUT) Form 4?
Lori M. Suess reported surrendering 667 Krispy Kreme shares to cover tax withholding on vesting restricted stock units. This was an internal tax-settlement transaction, not an open-market trade, and is a common mechanism when RSUs vest and generate taxable income.
What are Lori M. Suess’s holdings after this DNUT Form 4 transaction?
After the transaction, the Form 4 shows 110,943 shares reflected as owned following the event. A footnote further explains that this consists of 7,983 shares held directly and 102,960 unvested restricted stock units associated with Krispy Kreme, Inc.
What role does Lori M. Suess hold at Krispy Kreme (DNUT)?
Lori M. Suess is identified in the filing as an officer of Krispy Kreme, serving as Head of People and Culture. Her Form 4 disclosure reflects equity-related compensation activity and associated tax withholding for her restricted stock unit awards.